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Fly News Breaks for July 27, 2016
CNC
Jul 27, 2016 | 09:14 EDT
After Centene made acquisition accounting adjustments equal to about half of HealthNet's pretax earnings, Cantor analyst Joseph France expects Centene "to turn it around" with higher rates, a benefit redesign and better underwiritng. The analyst says that Centene's results were strong overall, and he keeps a $90 price target and Buy rating on the shares.
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